Trading Class

Markets › Toncoin › Resistance rejection

Crypto · price-structure setup

Resistance rejection on Toncoin

On Toncoin the resistance rejection showed up 32 times. The target came first 25% of the time, the stop 62%, and 12% went nowhere within 12 candles.

Counted on Toncoin (TON/USDT): daily candles from August 2024, 4-hour candles from August 2024 and hourly candles from August 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
4-hour367%0%33%
Hourly2921%69%10%

Toncoin against the rest

ChartsFoundTarget firstStop firstWent nowhere
Toncoin3225%62%12%
All Crypto charts2,10636%55%9%
Every market2,88936%56%8%

Year by year

YearFoundTarget firstStop first
202450%100%
20252133%52%
2026617%67%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the resistance rejection is

Price rose back to a level that stopped it before, and turned down again.

Throw a ball up in a room and it bounces off the ceiling and falls. Resistance is a price ceiling where rises stopped before, because sellers were waiting there. A resistance rejection is when price climbs back to that ceiling and gets pushed down again.

The full resistance rejection lesson, video and quiz ›

Other patterns on Toncoin

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · Volume profile bounce · Volume profile rejection · MACD bearish cross · MACD bullish cross · EMA 9/21 bearish cross · all of them

The resistance rejection elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Chainlink · Uniswap · BNB · Cardano · Polkadot · EUR/JPY

Questions

How often does the resistance rejection work on Toncoin?

In 32 cases on Toncoin, the target (1.5 × ATR) came before the stop (1 × ATR) 25% of the time and the stop came first 62%; 12% went nowhere within 12 candles.

What is the resistance rejection?

Price rose back to a level that stopped it before, and turned down again.